Lenskart Shares Jump 11% To All-Time High After Q2 Profit More Than Doubles
Lenskart shares rallied after the omnichannel eyewear retailer announced sharp Q2 FY27 results. Consolidated net profit more than doubled YoY to ₹232.5 Cr, while operating revenue grew 35.7% to ₹2,845 Cr. Multiple brokerages raised price targets, citing strong same-store sales growth, store additions, higher realisations, and increased in-house manufacturing. The stock reached ₹767.4 with a market cap near $13.5 billion.
Key points
- Q2 profit jumped 124.7% YoY to ₹232.5 Cr; revenue up 35.7%
- Stock surged 11% to ₹767.4; market cap ~$13.5 Bn
- Brokerages bullish on store growth, Hustlr Club expansion, and smart glasses
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